(via TheNewswire)
Vancouver, British Columbia – TheNewswire - February 18, 2026 – MindBio Therapeutics Corp. (CSE: MBIO) (Frankfurt: WF6) (OTCQB: MBQIF) (“MindBio” or the “Company”), a biotechnology company commercializing AI-driven voice analytics for drug and alcohol intoxication detection, today announced it has commenced development of a proprietary edge computing platform, including dedicated hardware, to enable large-scale deployment in the mining industry.
The Company is working with an experienced engineering firm with expertise in hardware and sensor development to design and manufacture the Company’s integrated Edge AI solution for real-time, on-device voice analysis in remote and infrastructure-limited environments. Prototype development is nearing completion, with hardware manufacturing and field-ready deployment expected in Q2 2026.
The MindBio hardware device will be sold direct and via distribution channels. Every device will also have a recurring revenue stream for use of the installed software - the Voice AI intoxication detection models developed by MindBio.
MindBio is actively pursuing enterprise-level commercialization opportunities, with its first targeted deployment focused on the mining sector. The Company has initiated operations in South America and deployed engineering personnel to support development of an industry-specific testing protocol. MindBio is working with mining operators and health authorities in Chile to align its technology with existing regulatory frameworks, where government-mandated drug and alcohol testing is in place.
Upon completion, the Edge AI platform is expected to support scalable deployment across additional safety-critical industries, including aviation and heavy industrial sectors, where zero-tolerance policies exist but current testing methods are invasive, episodic, and costly.
Workforce studies in Chile indicate alcohol consumption among mining workers exceeds 75%, with more than 40% classified as problem drinkers and approximately 9% reporting drug use across a workforce of more than 200,000 individuals (ACHS, 2012; SENDA, 2024). Internationally, 20–25% of occupational accidents are estimated to be directly or indirectly linked to substance use (International Labour Organization, 1996; 2022; Gomez et al., 2002). These data underscore a significant global market opportunity for scalable, non-invasive intoxication detection technologies.
Justin Hanka, CEO of MindBio, commented: “MindBio is leveraging its first-mover position in AI-powered voice diagnostics to develop scalable workplace health and safety solutions addressing drug and alcohol impairment. We are encouraged by early industry engagement and look forward to initial deployment in Chile’s mining sector, followed by broader expansion across South America and other global markets.”
For further information, please contact:
Justin Hanka, Chief Executive Officer
+61 433140886
About MindBio Therapeutics Corp.
MindBio is a biotechnology company that is commercialising AI prediction technologies for drug and alcohol intoxication detection via voice analysis. The AI prediction model uses over 50 million data points to predict alcohol intoxication with remarkable accuracy, just by using the human voice. The Company is now collecting data that will allow its prediction tool to work on other types of intoxication for use in consumer and enterprise environments.
Cautionary Note Concerning Forward-Looking Statements:
The press release contains “forward-looking statements” within the meaning of applicable securities laws, including but not limited to, the Company’s ability to complete the Offering and option grants on the terms announced, and the development of its enterprise platform using voice and powered by AI for use in detecting drug and alcohol intoxication. Forward-looking statements can be identified by words such as: “anticipate,” “intend,” “plan,” “budget,” “believe,” “project,” “estimate,” “expect,” “scheduled,” “forecast,” “strategy,” “future,” “likely,” “may,” “to be,” “could,” “would,” “should,” “will” and similar references to future periods or the negative or comparable terminology, as well as terms usually used in the future and conditional. Forward-looking statements are based on assumptions as of the date they are provided. However, there can be no assurance that such assumptions will reflect the actual outcome of such items or factors.
Additionally, there are known and unknown risk factors that could cause the Company’s actual results and financial conditions to differ materially from those indicated in the forward-looking statements. Therefore, you should not rely on any of these forward-looking statements. Important risk factors that could cause actual results and financial conditions to differ materially from those indicated in the forward-looking statements, include among others: the risk that the Company may not be able to raise the gross proceeds of the Offering; the failure to obtain the final regulatory approval; and technical challenges in the development or deployment of its enterprise platform; general economic, market and business conditions in Canada and Australia; market volatility; and unforeseen delays in timelines for any of the transactions or events described in this press release. All forward-looking information is qualified in its entirety by this cautionary statement.
The Company disclaims any obligation to revise or update any such forward-looking statement or to publicly announce the result of any revisions to any of the forward-looking information contained herein to reflect future results, events or developments, except as required by law.
Neither the Canadian Securities Exchange nor its Regulation Service Provider (as that term is defined in the policies of the Canadian Securities Exchange) accepts responsibility for the adequacy or accuracy of of the information in this press release.
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